Sensex plunges 871 points, Nifty below 14,600-mark

Mumbai, March 24

Market benchmark Sensex plunged 871 points to mark its worst single-session fall in nearly a month on Wednesday as investors moved to the sidelines amid rising coronavirus cases in the country.

At the closing bell, the BSE Sensex was quoted at 49,180.31, a drop of 871.13 points – its biggest one-day fall since February 26. Similarly, the Nifty dived 265.35 points to settle at 14,549.40. In the Sensex pack, all shares closed in the red, barring Asian Paints and PowerGrid. All sectoral indices ended lower, with BSE realty, metal, auto, bankex, industrials and finance indices falling up to 2.93%. — PTI

M&M top loser

• In the Sensex pack, all shares closed in the red, barring Asian Paints and PowerGrid
• M&M was the top loser, shedding around 4%, followed by SBI, Axis Bank, ICICI Bank, IndusInd Bank, ITC and L&T